FBT Inc. receives nearly $4M Canadian government investment for facility upgrade

The Government of Canada invested nearly $4 million in FBT Inc., a precision machine components manufacturer in St. Catharines, Ontario. The investment will fund facility upgrades including robotic and automated solutions to increase production by 75% and create 40 jobs.

“FBT is upgrading its facility to meet demand from both new and existing clients.”canada.ca

• 2 sources
• canada.caGovernment of Canada boosts domestic manufacturing to enhance EV and semiconductor supply chainFederal Economic Development AgencyAug 30, 2023
• plant.caNiagara manufacturer receives Government of Canada investment - PlantAug 31, 2023

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